Tuesday, October 11, 2011
Report reviews status of general budget adjustments.
Superintendent Dr. Clifford Rogers announced at Monday's Perkiomen Valley School Board meeting that the adjustments put in the 2011-12 general budget have saved the district about $26,000 more than originally projected (See PDF). Some items, such as the elimination of the seventh grade Terra Nova and the net reduction of the second assistant to the superintendent position, saved more -- respectively, $11,033 and $21,500. Extra revenue generated by the activity fee is currently more than $25,000 less than expected. However, as the school year continues and students join more activities, the funds should increase.
Monday, June 13, 2011
The motion passes with a 7-2 vote.
Tonight, the Perkiomen Valley School District reached the end of what Business Administrator Jim Weaver called “a long process,” as the board voted 7-2 to approve the 2011-12 general fund budget. Board Vice President Lori Snyder and member Capt. Sam Schweigert voted “no,” while Board President Lynn Bigelow and members Randy Bennett, Gerry Barnefiher, John King, Diane Landes, Bonnie Neiman and David Warren voted to approve the budget. The budget includes a 1.6 percent tax increase—the maximum allowed by the Act I index without requiring a voter referendum (barring exclusions). According to information released by the district, “the millage rate will increase by .45 mills from 28.14 to 28.59. For the average school district taxpayer whose …
Tuesday, May 10, 2011
With the current projected tax hike at 3.11 percent, work continues.
Reiterating to the gathered community members that the budget was not “set and final,” the Perkiomen Valley School Board approved the preliminary final 2011-12 general fund budget Monday night. Capt. Sam Schweigert was the lone “no” vote on the budget, which currently projects a 3.11 percent tax increase. The millage rate would be 29.01 mills, so the annual tax bill for a home assessed at $180,000 would see a $157.33 hike, according to the presentation by Business Administrator Jim Weaver. The Pennsylvania Department of Education (PDE) granted the district two exclusions—special education expenditures and retirement contributions—so taxes could soar to a 4.6 percent increase without a referendum, Weaver said. He noted that the preliminary …
Tuesday, April 12, 2011
Board, community members see newest version of budget at meeting.
With the Perkiomen Valley School Board’s preliminary budget approval slated for next month, Business Administrator Jim Weaver noted the numbers still need some paring down. According to Monday night’s budget presentation, the latest figures show a net shortfall of nearly $3 million and a potential 5.13 percent tax increase—a 1.44 mills increase. The net shortfall is calculated with the Finance Committee recommendation to use $1.25 million from the fund balance to reduce the $4.2 million gross shortfall. The Act I index sets a 1.6 percent tax increase, or .45 of a mill, according to the presentation; anything that exceeds that limit is subject to a referendum. The budget has been calculated with the knowledge that the stimulus funds are no …